What is a deposit slip

A deposit slip is a written form or document completed by a bank customer when depositing money into their bank account. It serves as a formal record of the transaction for both the customer and the bank.

Key Information Included

• Depositor’s Name – The person making the deposit
• Account Number – The bank account where the deposit is made
• Deposit Date – The date of the transaction
• Amount Deposited – Cash and/or cheques being deposited
• Breakdown of Deposit – Often separated into cash and cheque totals 

Purpose of a Deposit Slip Provides a proof of deposit for the customer Helps the bank record and credit the deposit accurately Ensures transparency in financial transactions

Example: When a customer visits the bank to deposit ₹10,000, they fill out a deposit slip with their name, account number, date, and the amount. The bank credits the account and provides a receipt for the deposit slip.